Press release
Fire Resistant Fabrics Market Size, Share, Trends, Growth And Key Players, Forecast To 2032
Fire Resistant Fabrics Market
The Business Research Company's Fire Resistant Fabrics Global Market Report 2023 identifies growing manufacturing activities as the major driver for the Fire Resistant Fabrics market's growth in the forecast period. Manufacturing is the transformation of raw materials or parts into completed things using tools, human labor, equipment, and chemical processes. Increased manufacturing can aid in the creation of flame-resistant materials by boosting their availability and lowering costs. Flame-resistant textiles are used in a variety of industries, including the military, electrical, petroleum, chemical manufacturing, and emergency response. Workers in these sectors can be better protected from fire threats by expanding the production of these materials. Furthermore, the adoption of flame-resistant materials can improve worker efficiency and safety.
The global fire-resistant market size is expected to grow from $4.02 billion in 2022 to $4.29 billion in 2023 at a compound annual growth rate (CAGR) of 6.67%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fire-resistant market size is expected to reach $5.62 billion in 2027 at a CAGR of 6.79%.
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Major competitors in the Fire Resistant Fabrics market are E.I. DuPont De Nemours and Company, Kaneka Corporation, PBI Performance Products Inc., Royal TenCate N.V. Teijin Ltd., Gun EI Chemical Industry Co. Ltd., Huntsman Corporation, Lenzing AG, Solvay S.A., Milliken & Company, Evonik Industries AG, Toyobo Co. Ltd., W. L. Gore Associates Inc., Indorama Corp., Norfab Corporation and Safety Components Fabric Technologies Inc
A key trend in the Fire Resistant Fabrics market includes Product innovations. Major companies operating in the fire-resistant fabric market are focused on developing innovative safety solutions to strengthen their position in the market.
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The Fire Resistant Fabrics market is segmented -
1) By Type: Apparel, Non-Apparel
2) By Materials: Cotton, Nylon, Aramid, Polyesters, Other Materials
3) By Processing: Woven, Non-Woven, Knitted
4) By Application: Protective Wear, Upholstery, Tents And Coverings, Curtains And Drapes, Other Applications
5) By End-User: Industrial, Defense And Public Safety Services, Transport
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fire Resistant Fabrics market.
The Business Research Company's "Global Fire Resistant Fabrics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Fire Resistant Fabrics Market Include:
1. Executive Summary
2. Fire Resistant Fabrics Market Characteristics
3. Fire Resistant Fabrics Market Trends And Strategies
4. Fire Resistant Fabrics Market - Macro Economic Scenario
5. Fire Resistant Fabrics Market Size And Growth
........
26. Africa Fire Resistant Fabrics Market
27. Fire Resistant Fabrics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fire Resistant Fabrics Market
29. Fire Resistant Fabrics Market Future Outlook and Potential Analysis
30. Appendix
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